Rent Affordability Calculator
Estimate a monthly rent budget using gross income, recurring debt and a chosen housing-cost percentage.
Set your values
Adjust the values, then calculate your result.
How to use Rent Affordability Calculator
- Enter the measurements or amounts in the fields above.
- Check that dimensions, rates and units match the labels.
- Select “Estimate rent budget” to see a clear estimate and the formula used.
How the rent affordability calculator works
Suggested rent budget = gross monthly income × selected housing percentage. A second figure subtracts entered monthly debt payments for a more cautious comparison.
Check your measurements and assumptions
This rule-of-thumb estimate excludes utilities, insurance, deposits, local rent standards, taxes, savings and other living costs. It is not an eligibility decision.
Review the estimate before you act
Compare this result with an independent measurement, supplier quote or institution guidance when the decision matters. Confirm that the units and assumptions match the labels above, and update the inputs when the conditions change. Keep a note of the values used so you can reproduce the estimate later. This calculator is a planning aid and does not replace professional, product-specific or local guidance.
How much rent can I afford on my income?
Pick a housing percentage that fits your expenses; compare the result with utilities, debts, savings and local costs.
Is input uploaded?
Processing takes place in your browser. This tool does not send your input or selected files to a conversion API.